Carpe Ventus
- Assets
- $36.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 04/2016
- Data as of
- 12/2019
- EIN
- 47-5370142
Organization Overview
Carpe Ventus is located in Chicago, IL. The organization was established in 2016. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carpe Ventus is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2019, Carpe Ventus generated $58.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $47.9k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
ABLE TO MENTOR YOUNG ADULTS THROUGH SAILING AND TEACHING VARIOUS LIFE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Foster Exec Dir/treas | 25 | $0 | |
Sunitha Chandy President | 2 | $0 | |
Erin Foster Secretary | 2 | $0 | |
Thomas Stockwell Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,011 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,012 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,347 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $3,093 |
| Other expenses | $22,385 |
| Total expenses | $47,925 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,091 |
| Other assets | $0 |
| Total assets | $36,801 |
| Total liabilities | $2,546 |
| Net assets or fund balances | $34,255 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Carpe Ventus has recieved totaling $45.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Midway Usa Foundation Inc Columbia, MO | $194,100,293 | $37,103,631 |
Indiana Sports Corporation Indianapolis, IN | $18,372,130 | $8,869,621 |
United States Hunter Jumper Association Inc Lexington, KY | $20,251,014 | $9,522,034 |
Indy College Football Playoff Inc Indianapolis, IN | $2,356,063 | $6,670,000 |
Amateur Trapshooting Association Of America Sparta, IL | $23,868,836 | $5,940,549 |
Missouri Valley Conference Inc St Louis, MO | $10,444,732 | $10,359,535 |
Iowa Girls High School Athletic Union West Des Moines, IA | $5,061,518 | $4,564,466 |
Mid-America Intercollegiate Athletics Association Kansas City, MO | $897,244 | $2,652,440 |
National Archery In The Shools Program Inc Waldo, WI | $6,967,095 | $3,407,459 |
The United States Pony Clubs Inc Lexington, KY | $8,497,562 | $2,773,212 |
Louisville Urban League Sports And Learning Complex Inc Louisville, KY | $77,056,765 | $1,676,545 |
Chicago Jets Hockey Club Inc Chicago, IL | $335,603 | $2,097,431 |